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The Latest Breaking News from IAG

Insurer's first-half profit soars, but shares sink

Favourable weather helped Australia's largest insurer turn a $778 million profit in the first half, but its shares were down nine per cent in morning trading.

AAP

Airlines call for ‘fundamental’ reform of charges before Heathrow expansion

IAG and Virgin Atlantic have urged regulator the CAA to prevent passengers and airlines being ‘locked into higher charges for decades to come’.

The Independent UK

Airlines attack Heathrow for ‘world’s highest passenger charges’ and ‘declining service’

In a campaign called Heathrow Reimagined, Virgin Atlantic, British Airways’ parent IAG, AOC and the Arora hotel group have joined forces

The Independent UK

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Options Alert: Why Trump 2.0 Could Offer a Boost for Iamgold Corp

With a range of economic policies that are geared toward growth and American exceptionalism, IAG stock might shoot higher for cynical reasons.

Barchart

BA’s owner warns it would not back Heathrow expansion without fees overhaul

IAG)chief executive Luis Gallego said the regulatory model used to determine the west London airport’s charges is ‘not fit for purpose’.

Evening Standard

BA owner to invest in firm planning to turn used tyres into jet fuel

International Airlines Group said its funding will enable Wastefront to begin construction of a £100 million factory in Sunderland.

Evening Standard

Best airline frequent flyer schemes in 2025 – and how Avios points work

Here are the programmes for plane perks you won’t want to miss as a frequent flyer

The Independent UK

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FTSE records strongest annual gain since 2021 as aviation stocks take off

UK’s blue-chip stock index posts rise of 5.7% for 2024, despite lagging behind Wall Street in past year

The Guardian - UK

Rebalancing in 2025: Here Are 3 Stocks to Buy Under $10

If you're looking to rebalance your portfolio in 2025, here are three stocks trading for under $10 per share to consider buying

MarketBeat

Nick Clarke interview: Cyrus Audio's MD has an eye to the future

Cyrus MD Nick Clarke talks about his distinguished career and Cyrus Audio's future

What Hi-Fi?

Insurance giant sued over 'loyalty tax' on policies

A class action has been filed against NRMA Insurance's parent on behalf of millions of customers allegedly ripped off on home and contents insurance policies.

AAP

Retailers help drag FTSE 100 to three-month low as firms warn over tax rises

The blue-chip index dropped 68.35 points to close at 8,072.39, the lowest level since early August.

Evening Standard

British Airways owner IAG outperforms rivals with profits up 15%

Group expects ‘strong financial performance to continue’ as it announces €350m share buyback scheme

The Guardian - UK

British Airways owner IAG records surge in earnings

International Airlines Group reported an operating profit for the first three months to the end of September of 2.0 billion euro (£1.7 billion).

Evening Standard

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Evening Standard

FTSE 100 Live 08 November: British Airways owner IAG soars on results beat, retail stocks struggle

IAG shares soared in the FTSE 100 index today after the British Airways owner reported a bumper summer.

Evening Standard

FTSE 100 Live 28 October: Oil price slide hits BP and Shell, Trainline upgrades guidance

A 5% slide in the price of Brent Crude today ensured BP and Shell led the fallers board during an otherwise resilient session for the FTSE 100 index.

AAP

Insurer's disaster claims running well under budget

Insurer IAG had relatively fewer natural peril claims in the first quarter of 2024/25, but CEO Nick Hawkins says everyone realises how quickly that can change.

Bored Panda

Woman Named Karen Sues Company For Not Giving Farewell Card, Finds Out Almost No One Signed It

“If you go around saying everyone hates you, sooner or later you’re going to be right." The post Woman Named Karen Sues Company For Not Giving Farewell Card, Finds Out Almost No One Signed It first appeared on Bored Panda.

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The Independent UK

Woman who did not get leaving card loses UK employment claim

Managers did not give Karen Conaghan her leaving card because of the low number of signatures

AAP

Aussie shares edge up as Rio seals $10b lithium deal

The ASX200 has finished 0.1 per cent higher, with Rio Tinto announcing after the market closed that it would pay $10 billion to acquire Arcadium Lithium.

The Conversation

Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products

At a time most people are trying to cut their weekly grocery bills, Australia’s supermarket giants have been hit with legal action for allegedly misleading shoppers over the price of hundreds of products.

Barchart

2 Stocks to Scoop Up as Gold Price Forecasts Rise

As bullish sentiments around gold strengthen, adding these two stocks from the space can make your portfolio shine.

Top News

New Actors Join Horror Film Goons In Louisiana Production

Upcoming horror film 'Goons' adds talented actors to its cast in Louisiana. Director Gerard McMurray leads the project set in eerie locations.

AAP

Aussie shares in late comeback to extend winning streak

After being down as much as 0.5 per cent in morning trading, the ASX200 gained steadily in the afternoon to finish slightly in the green and above 8,000.

AAP

IAG to spend $350m on share buyback after profit jumps

Insurance Australia Group says its financial position has improved, after growing its full-year profit by 7.9 per cent to $898 million.

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